When I came across the world's quickest electric motocycle [1] (link via Flutterby [2]) that can do 0–60 in one second and the ¼ mile in 8, I thought of Gregory [3], but I'm not sure why. Gregory isn't the crotch-rocket type of guy.
Then I had an idea: the X-Prize [4] guys have it all wrong! They shouldn't be rewarding a more efficient gas-powered car [5]. No—they should be sponsoring an all-electric car race!
Think of it—the Electric Daytona 500! The only limitation—the vehicle has to be powered solely by electrons. No other restrictions on size, weight or shape. The first past the checkered flag after 500 laps wins the prize. Make it an annual event, and I guarentee you'll see rapid electric car innovations.
[1] http://www.killacycle.com/
[2] http://www.flutterby.com/archives/comments/10319.html